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Mc Chapter 6 Assessment 6 14.28 points 02:22:28 records identifying a party who had written a bad check. Required: a. Prepare the adjustment that the
Mc Chapter 6 Assessment 6 14.28 points 02:22:28 records identifying a party who had written a bad check. Required: a. Prepare the adjustment that the clerk would have made to record the NSF check. Adjustment to decrease Separation of duties. accounts receivable by Maintaining a bank signature card. Hiring competent employees. Performance evaluations. Saved Required vacation. c. Assume the clerk had stolen $1,800 cash, and recorded an entry for a nonexistent NSF check to reduce the cash balance so that it would match the bank balance. Select the internal control practice that would have most likely prevented this fraud. $ 1,800 and increase cash by $ 1,800 Help Save &
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